A bit more from Fed’s Harker: Currently In A Period Where We Can Be Patient

Worried That Fed Has Been Says Transitory For A While

• Not Opposed To Higher Inflation Tgt
• There Are Transitory Factors In Inflation
• Hasn’t Factored In Fiscal Policies Into His Forecasts
• Uncertainty Revolves Around Inflation
• Worried That Fed Has Been Saying Transitory For A While
• No Magic Around December; We Can Wait
• No Opinion On Kevin Warsh
• Did pencil in his vote for the dot plot hike

Usd very unmoved , EURUSD 1.1805, USDJPY 112.65,CABLE 1.3390, AUDUSD 0.7840,NZDUSD 0.7225,USCHF 0.9695 and USDCAD 1.2505
The market is tired after all the month, quarter end galore and another weekend is at our doorstep with the usual geo-political uncertainties, Japan’s snap election comments to be expected
and Chinese PMI data tomorrow.
Wishing you all a peaceful and smashing weekend

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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